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Sembmarine_Green is the new gold_a better future

" Jialat for scammers. After scamming to buy SMM with hundred to thousand postings, share price still around RI' s. lol..."

dcproperty      ( Date: 23-Dec-2021 15:35) Posted: Jialat for chart expert. After badmouthing SMM with 60 postings, share price still above RI' s. Still long way from his price target of $0.04 lol better      ( Date: 23-Dec-2021 11:29) Posted: Yup, agree. CE_123 contributed about 60 posts on the closing day of the rights issue telling people not to subscribe because it will crash to 4 cents post rights. I am sure it is purely out of good intention to educate others, not to influence them in any way

 

Yes, I see your point. O & M is one of SG growth engines.

To me buying SMM now is just like investing on a potential new start up company. Not much revenue, profit to shout.

But small investment with great potential. There are many type of investments in the market. See what is individual' s appetite and investment strategy.

Oxtail      ( Date: 23-Dec-2021 13:44) Posted: Confident that GOV and TH have intention in building marine sector.  If in doubt, do type " trade minister marine sector" in google search.  In there, you will find lots of news in GOV intentions. GOV invested and has plans in this sector. I do not even need to talk about TH commitment.  Even tho the above is true, we as investor, should look out for facts/signs if SCM is on the right track.  Marine sector uptrend but can SCM get more contracts ? The latest contract win is a repeat order. Usually, if one is able to get repeat order, it means the client is satisfied with your service , your price or whatever. It also tells that the company is relevent to such industries. If SCM is relevent, I don' t see why SCM won' t prosper during market upturn.  R& D money being dump into drain ? There is no guarantee in R& D. R& D with no result is like $$$ sucking into bottomless pit. GOV and TH are very ambitous. They love to R& D and they don' t mind pouring lots of $$$ into it. We, as a minority shareholders, are just being drag around. To minority shareholders, our bar is low. We just hope that SCM do not make a loss for this year and following year and we will be delighted. Back to R& D, It is comforting to know that they receive good results in their recent 3D printing. At least, we know that good $$$ is not being dump into the drain.  SCM profitable in executing projects during COVID epedemic ? For this, we do not know. And have yet to see As we invest, we need to look out for signs. I appreciate forumers post news in this thread. We need news, insider information to constantly watch out for signs.  Base on the above, make changes to our portfolio.  Yes. Price falling are demoralizing. All of us can see the price. But price are not everything. Buy a stock the way you would buy a house. Understand and like it such that you&rsquo d be content to own it in the absence of any market

 

Himself revealed on these counters in this forum. Thus, I went and checked -:)

pkli899      ( Date: 23-Dec-2021 13:41) Posted: Aiyo......I didn' t visit those threads.......so not aware.  dcproperty      ( Date: 23-Dec-2021 12:59) Posted:   Hi, chart expert was already admitted that he short on this counter. Don' t expect him to talk good about SMM. He just like to jio people for shorting SMM, if not, asking people stop buying SMM, talk down on SMM price Facts are fact, he only talk good on those he vested on like Keppel Corp, Starhub, PropNex. He praised so highly that TH owns Starhub more than 55% on the other forum. Told people TH is one of the major factors that Starhub good blah blah. But downplay SMM which is also supported by TH at about 54%. # Double minded # talk himself happy

 

Jialat for chart expert. After badmouthing SMM with 60 postings, share price still above RI' s. Still long way from his price target of $0.04 lol

better      ( Date: 23-Dec-2021 11:29) Posted: Yup, agree. CE_123 contributed about 60 posts on the closing day of the rights issue telling people not to subscribe because it will crash to 4 cents post rights. I am sure it is purely out of good intention to educate others, not to influence them in any way. kopi-boy      ( Date: 23-Dec-2021 11:19) Posted: Don' t think peopl like to see the word " hope" . An investment view should be based on thorough assessment and understanding the risks involved. Hence, making an investment call shoud be based on calculated risk.  No investments come without risk, except for risk-free assets like govt bonds.  Even some govt bonds come with credit risk. Their risk appetite is just not big enough to stomach the risk.  Nothing wrong with that and sharing opinion is fine.  Just don' t try to influence others for personal gain. Be objective

 

Confident that GOV and TH have intention in building marine sector. 
If in doubt, do type " trade minister marine sector" in google search. 
In there, you will find lots of news in GOV intentions. GOV invested and has plans in this sector. I do not even need to talk about TH commitment. 

Even tho the above is true, we as investor, should look out for facts/signs if SCM is on the right track. 

• Marine sector uptrend but can SCM get more contracts ? The latest contract win is a repeat order. Usually, if one is able to get repeat order, it means the client is satisfied with your service , your price or whatever. It also tells that the company is relevent to such industries. If SCM is relevent, I don' t see why SCM won' t prosper during market upturn. 
• R& D money being dump into drain ? There is no guarantee in R& D. R& D with no result is like $$$ sucking into bottomless pit. GOV and TH are very ambitous. They love to R& D and they don' t mind pouring lots of $$$ into it. We, as a minority shareholders, are just being drag around. To minority shareholders, our bar is low. We just hope that SCM do not make a loss for this year and following year and we will be delighted. Back to R& D, It is comforting to know that they receive good results in their recent 3D printing. At least, we know that good $$$ is not being dump into the drain. 
• SCM profitable in executing projects during COVID epedemic ? For this, we do not know. And have yet to see

As we invest, we need to look out for signs.
I appreciate forumers post news in this thread.
We need news, insider information to constantly watch out for signs. 
Base on the above, make changes to our portfolio. 
Yes. Price falling are demoralizing. All of us can see the price. But price are not everything.

Buy a stock the way you would buy a house. Understand and like it such that you&rsquo d be content to own it in the absence of any market
 

 

Aiyo......I didn' t visit those threads.......so not aware. 

dcproperty      ( Date: 23-Dec-2021 12:59) Posted:   Hi, chart expert was already admitted that he short on this counter. Don' t expect him to talk good about SMM. He just like to jio people for shorting SMM, if not, asking people stop buying SMM, talk down on SMM price Facts are fact, he only talk good on those he vested on like Keppel Corp, Starhub, PropNex. He praised so highly that TH owns Starhub more than 55% on the other forum. Told people TH is one of the major factors that Starhub good blah blah. But downplay SMM which is also supported by TH at about 54%. # Double minded # talk himself happy pkli899      ( Date: 23-Dec-2021 11:10) Posted: I like your sharing, your knowledge of marine sector. However, sorry to say, your pessimism and negativity, I cannot accept. Whatever development in this company, u only see the negative stuff. This company got nothing positive going forward? Really hopeless? For me, I know SCM is at rock bottom but I also believe there is still hope. I look at the positive side of it. No other direction it can go but up. Of course not all company facing such situation can survive. But this one with strong backing surely can. I sincerely wish your pessimism is confine to this counter only. Otherwise, life is going to be very miserable

 

 

Hi, chart expert was already admitted that he short on this counter. Don' t expect him to talk good about SMM. He just like to jio people for shorting SMM, if not, asking people stop buying SMM, talk down on SMM price

Facts are fact, he only talk good on those he vested on like Keppel Corp, Starhub, PropNex. He praised so highly that TH owns Starhub more than 55% on the other forum. Told people TH is one of the major factors that Starhub good blah blah.

But downplay SMM which is also supported by TH at about 54%.

# Double minded
# talk himself happy

pkli899      ( Date: 23-Dec-2021 11:10) Posted: I like your sharing, your knowledge of marine sector. However, sorry to say, your pessimism and negativity, I cannot accept. Whatever development in this company, u only see the negative stuff. This company got nothing positive going forward? Really hopeless? For me, I know SCM is at rock bottom but I also believe there is still hope. I look at the positive side of it. No other direction it can go but up. Of course not all company facing such situation can survive. But this one with strong backing surely can. I sincerely wish your pessimism is confine to this counter only. Otherwise, life is going to be very miserable. chart_expert123      ( Date: 23-Dec-2021 09:09) Posted: Owners usually had to pay nearly 2-5% design fee for consultant to kick off a new projects for the conceptual or basic design. Owners may have to pay and pay for the design changes till they are satisfied before go for a tender to build the project as per the design. When there are no longer a secret for Offshore & Marine Construction, many consultants companies set up in asia, in china, south korea, japan and singapore.  They cannot compete with competitive offer with the consultants in asia for the mature design, so they can only focus on new renovative, non-mature or non-commercial (no practical) design. End up nearly close shop but SCM took it as a chance and acquire all  these design company in Europe.  Then you can see the news of these designs being release again, again and again year by year, just to create market awareness. However, it is not commercial, no available market to build. end up, sound good but not practical at all.  The cash burnt become on expenses of SCM shareholders, now at Temasek through rights issues.  When Keppel O& M even closed down their consultants and design films in china and india and retrench more than thousands designers, SCM feed these expensive consultants and design films in western europe. Management decision made SCM and Keppel O& M different. Based on order book, SCM only drive themselves to hell

 

Agree with your view totally, kopi-boy. 
And also I shouldn' t use the word " hope" but my language skill so so.....can' t think of better word to use....sorry.
Yes, see thing objectively.....see the bad but also must see the good lor.
If not, it' s one sided view.
Nevertheless, I advocate " Peace" . No matter where u stand, no fighting.
We r here to share views and learn from each other.
Don' t let emotion get over us.

 

volume is so low, a typical movement in SGX. down bit by bit with small volume, when approach to lowest bottom price, huge volume surge and cause heavy selling within few days.

Get ready for that, will see 7cents soon.

chart_expert123      ( Date: 23-Dec-2021 11:35) Posted: I am positive with company which deliver a positive growth like starhub. Same as SCM, a temasek baby, moving to bad downturn since 2015, but picking up with proper plan and transform with a better result. Even they achieve that, share price is from 1.2x to 1.3x. SCM has nothing to be positive with. Can you tell me what they have done to stop cash burnt? nothing.  When nothing is done and cash burnt is continue, share price will just go lower. pkli899      ( Date: 23-Dec-2021 11:10) Posted: I like your sharing, your knowledge of marine sector. However, sorry to say, your pessimism and negativity, I cannot accept. Whatever development in this company, u only see the negative stuff. This company got nothing positive going forward? Really hopeless? For me, I know SCM is at rock bottom but I also believe there is still hope. I look at the positive side of it. No other direction it can go but up. Of course not all company facing such situation can survive. But this one with strong backing surely can. I sincerely wish your pessimism is confine to this counter only. Otherwise, life is going to be very miserable

 

I am positive with company which deliver a positive growth like starhub. Same as SCM, a temasek baby, moving to bad downturn since 2015, but picking up with proper plan and transform with a better result. Even they achieve that, share price is from 1.2x to 1.3x.

SCM has nothing to be positive with. Can you tell me what they have done to stop cash burnt? nothing. 

When nothing is done and cash burnt is continue, share price will just go lower.

pkli899      ( Date: 23-Dec-2021 11:10) Posted: I like your sharing, your knowledge of marine sector. However, sorry to say, your pessimism and negativity, I cannot accept. Whatever development in this company, u only see the negative stuff. This company got nothing positive going forward? Really hopeless? For me, I know SCM is at rock bottom but I also believe there is still hope. I look at the positive side of it. No other direction it can go but up. Of course not all company facing such situation can survive. But this one with strong backing surely can. I sincerely wish your pessimism is confine to this counter only. Otherwise, life is going to be very miserable. chart_expert123      ( Date: 23-Dec-2021 09:09) Posted: Owners usually had to pay nearly 2-5% design fee for consultant to kick off a new projects for the conceptual or basic design. Owners may have to pay and pay for the design changes till they are satisfied before go for a tender to build the project as per the design. When there are no longer a secret for Offshore & Marine Construction, many consultants companies set up in asia, in china, south korea, japan and singapore.  They cannot compete with competitive offer with the consultants in asia for the mature design, so they can only focus on new renovative, non-mature or non-commercial (no practical) design. End up nearly close shop but SCM took it as a chance and acquire all  these design company in Europe.  Then you can see the news of these designs being release again, again and again year by year, just to create market awareness. However, it is not commercial, no available market to build. end up, sound good but not practical at all.  The cash burnt become on expenses of SCM shareholders, now at Temasek through rights issues.  When Keppel O& M even closed down their consultants and design films in china and india and retrench more than thousands designers, SCM feed these expensive consultants and design films in western europe. Management decision made SCM and Keppel O& M different. Based on order book, SCM only drive themselves to hell

 

Yup, agree. CE_123 contributed about 60 posts on the closing day of the rights issue telling people not to subscribe because it will crash to 4 cents post rights. I am sure it is purely out of good intention to educate others, not to influence them in any way.

kopi-boy      ( Date: 23-Dec-2021 11:19) Posted: Don' t think peopl like to see the word " hope" . An investment view should be based on thorough assessment and understanding the risks involved. Hence, making an investment call shoud be based on calculated risk.  No investments come without risk, except for risk-free assets like govt bonds.  Even some govt bonds come with credit risk. Their risk appetite is just not big enough to stomach the risk.  Nothing wrong with that and sharing opinion is fine.  Just don' t try to influence others for personal gain. Be objective! pkli899      ( Date: 23-Dec-2021 11:10) Posted: I like your sharing, your knowledge of marine sector. However, sorry to say, your pessimism and negativity, I cannot accept. Whatever development in this company, u only see the negative stuff. This company got nothing positive going forward? Really hopeless? For me, I know SCM is at rock bottom but I also believe there is still hope. I look at the positive side of it. No other direction it can go but up. Of course not all company facing such situation can survive. But this one with strong backing surely can. I sincerely wish your pessimism is confine to this counter only. Otherwise, life is going to be very miserable

 

Don' t think peopl like to see the word " hope" .

An investment view should be based on thorough assessment and understanding the risks involved. Hence, making an investment call shoud be based on calculated risk.  No investments come without risk, except for risk-free assets like govt bonds.  Even some govt bonds come with credit risk.

Their risk appetite is just not big enough to stomach the risk.  Nothing wrong with that and sharing opinion is fine.  Just don' t try to influence others for personal gain.

Be objective!

pkli899      ( Date: 23-Dec-2021 11:10) Posted: I like your sharing, your knowledge of marine sector. However, sorry to say, your pessimism and negativity, I cannot accept. Whatever development in this company, u only see the negative stuff. This company got nothing positive going forward? Really hopeless? For me, I know SCM is at rock bottom but I also believe there is still hope. I look at the positive side of it. No other direction it can go but up. Of course not all company facing such situation can survive. But this one with strong backing surely can. I sincerely wish your pessimism is confine to this counter only. Otherwise, life is going to be very miserable. chart_expert123      ( Date: 23-Dec-2021 09:09) Posted: Owners usually had to pay nearly 2-5% design fee for consultant to kick off a new projects for the conceptual or basic design. Owners may have to pay and pay for the design changes till they are satisfied before go for a tender to build the project as per the design. When there are no longer a secret for Offshore & Marine Construction, many consultants companies set up in asia, in china, south korea, japan and singapore.  They cannot compete with competitive offer with the consultants in asia for the mature design, so they can only focus on new renovative, non-mature or non-commercial (no practical) design. End up nearly close shop but SCM took it as a chance and acquire all  these design company in Europe.  Then you can see the news of these designs being release again, again and again year by year, just to create market awareness. However, it is not commercial, no available market to build. end up, sound good but not practical at all.  The cash burnt become on expenses of SCM shareholders, now at Temasek through rights issues.  When Keppel O& M even closed down their consultants and design films in china and india and retrench more than thousands designers, SCM feed these expensive consultants and design films in western europe. Management decision made SCM and Keppel O& M different. Based on order book, SCM only drive themselves to hell

 

I like your sharing, your knowledge of marine sector.
However, sorry to say, your pessimism and negativity, I cannot accept.
Whatever development in this company, u only see the negative stuff.
This company got nothing positive going forward?
Really hopeless?
For me, I know SCM is at rock bottom but I also believe there is still hope.
I look at the positive side of it. No other direction it can go but up.
Of course not all company facing such situation can survive.
But this one with strong backing surely can.
I sincerely wish your pessimism is confine to this counter only.
Otherwise, life is going to be very miserable.

chart_expert123      ( Date: 23-Dec-2021 09:09) Posted: Owners usually had to pay nearly 2-5% design fee for consultant to kick off a new projects for the conceptual or basic design. Owners may have to pay and pay for the design changes till they are satisfied before go for a tender to build the project as per the design. When there are no longer a secret for Offshore & Marine Construction, many consultants companies set up in asia, in china, south korea, japan and singapore.  They cannot compete with competitive offer with the consultants in asia for the mature design, so they can only focus on new renovative, non-mature or non-commercial (no practical) design. End up nearly close shop but SCM took it as a chance and acquire all  these design company in Europe.  Then you can see the news of these designs being release again, again and again year by year, just to create market awareness. However, it is not commercial, no available market to build. end up, sound good but not practical at all.  The cash burnt become on expenses of SCM shareholders, now at Temasek through rights issues.  When Keppel O& M even closed down their consultants and design films in china and india and retrench more than thousands designers, SCM feed these expensive consultants and design films in western europe. Management decision made SCM and Keppel O& M different. Based on order book, SCM only drive themselves to hell. ahbui8      ( Date: 22-Dec-2021 22:21) Posted: 远 水 救 不 了 近 火 , this is currently SM contract situation, all the announcements now are all design works 🤦 🏻 &zwj ♂ ️ , the 8cts wall may be break soon unless actual contract come in.

 

support at 81

 

Owners usually had to pay nearly 2-5% design fee for consultant to kick off a new projects for the conceptual or basic design. Owners may have to pay and pay for the design changes till they are satisfied before go for a tender to build the project as per the design.

When there are no longer a secret for Offshore & Marine Construction, many consultants companies set up in asia, in china, south korea, japan and singapore. 

They cannot compete with competitive offer with the consultants in asia for the mature design, so they can only focus on new renovative, non-mature or non-commercial (no practical) design. End up nearly close shop but SCM took it as a chance and acquire all  these design company in Europe. 

Then you can see the news of these designs being release again, again and again year by year, just to create market awareness. However, it is not commercial, no available market to build. end up, sound good but not practical at all. 

The cash burnt become on expenses of SCM shareholders, now at Temasek through rights issues. 

When Keppel O& M even closed down their consultants and design films in china and india and retrench more than thousands designers, SCM feed these expensive consultants and design films in western europe.

Management decision made SCM and Keppel O& M different. Based on order book, SCM only drive themselves to hell.

ahbui8      ( Date: 22-Dec-2021 22:21) Posted: 远 水 救 不 了 近 火 , this is currently SM contract situation, all the announcements now are all design works 🤦 🏻 &zwj ♂ ️ , the 8cts wall may be break soon unless actual contract come in.

 

Alright, it's nice to know that you are prudent. Always remember that we have children to feed and parents to look after. All the best.

better      ( Date: 23-Dec-2021 00:18) Posted: Don' t worry for me bro. I am taking my time with the accumulation this time round. Have been expecting it to stay at 8+ cents for awhile as mentioned to you previously. Likely to break 9 cents nearing end Feb when they announce Year end results + some contract announcements. The news for the next month or so should be about the overdue deliveries. MANFREDTMK      ( Date: 22-Dec-2021 17:03) Posted: Bro, don't overexposed yourself. Cannot count on TH to help minority shareholders if anything goes wrong with SM, rather it is the opposite. I began to have reservations on trust and loyalty in Singapore. Like I just found out, Blackrock is the one that is paring its stakes from 0.7% to 0.5% over the last 3 months. TH is the 5th major shareholder in Blackrock. Be prudent, don't bet with your life

 

Don' t worry for me bro. I am taking my time with the accumulation this time round. Have been expecting it to stay at 8+ cents for awhile as mentioned to you previously.

Likely to break 9 cents nearing end Feb when they announce Year end results + some contract announcements.

The news for the next month or so should be about the overdue deliveries.

MANFREDTMK      ( Date: 22-Dec-2021 17:03) Posted: Bro, don't overexposed yourself. Cannot count on TH to help minority shareholders if anything goes wrong with SM, rather it is the opposite. I began to have reservations on trust and loyalty in Singapore. Like I just found out, Blackrock is the one that is paring its stakes from 0.7% to 0.5% over the last 3 months. TH is the 5th major shareholder in Blackrock. Be prudent, don't bet with your life better      ( Date: 22-Dec-2021 11:54) Posted: Just collected a bunch at 8.2 cents....queuing since Sunday evening. Order Detail Action Buy Transaction ID 20211220000007002 Symbol S51 Stock Name SEMBCORP MARINE Filled Price SGD 0.08200 Status Filled Special Instructions None Order Date and Time 20/12/2021 12:26:51 PM Order Type Limit Order Good Till 18/01/2022 Quantity 500000 Filled Quantity 500000 Outstanding Quantity 0 Filled Details Filled Quantity @ Price Date (Market Time) Counter Party 1900 SGD 0.08200 22/12/2021 UBS 100 SGD 0.08200 22/12/2021 ABN AMRO 20000 SGD 0.08200 22/12/2021 OCBC 478000 SGD 0.08200 22/12/2021 PHILLIP

 

Scm suddenly turned profitable in coming few months, probability <1%.

chart_expert123      ( Date: 22-Dec-2021 17:45) Posted: unless SCM suddenly turn profit to generate net positive cash flow, even SCM reduce loss, it is still loss making, it will just drag 1-2 year longer only. Once 970mio is fully burnt, it will be another rights or 0 value. next rights may have to raise at 2.5-3cents. 1.2Bil order book for so many shipyards across, singapore, indonesia, brazil and etc, no enough order to feed, no enough to generate positive cash flow, cash burnt continually.  chart_expert123      ( Date: 22-Dec-2021 16:58) Posted: Market cap of 2.7-2.8bil at 8cents after rights. , it is a top up of right in cash of 1.5bil on 1.3bil market cap to become 2.8bil market cap at 8-9cents. So long as SCM burning cash continually, the market cap will be discounted as well. Since only left 970mio and 530mio is gone till Nov 2021. Market cap 2.8bil - 530mio, 2.27bil, share price shall be7cents soon. The longer it go, lower it will go till 970mio all gone, another rights will come or 0 value

 

远 水 救 不 了 近 火 , this is currently SM contract situation, all the announcements now are all design works 🤦 🏻 &zwj ♂ ️ , the 8cts wall may be break soon unless actual contract come in.

 

Sevan SSP has announced that its concept has been chosen for the Equinor-operated Wisting field in the Barents Sea.

Sevan said it had designed a cylindrical floating production storage and offload (FPSO) vessel, which would take power from shore to lower the overall CO2 emissions from the field.

The field is estimated to contain close to 500 million barrels of oil equivalent, Equinor  said in November, and added that it expects capital investment in the project to be in the order of NOK 60-75 billion (£ 5-6.3bn).

The operator said it and its partners plan to make a final investment decision on the project in late 2022.

If an FID is approved, Sevan noted the vessel would be one of the largest projects on the Norwegian Continental Shelf in the coming years.
It would also be the company&rsquo s second cylindrical FPSO in the Barents Sea, after the 90m diameter Goliat FPSO,  delivered in 2016.

&ldquo Sevan is eager to pursue collaboration with all stakeholders to continue the work with greener initiatives and provide the best technical and cost-efficient solution for the Wisting field development project,&rdquo said Sevan SSP managing director Alf-Roger Skikstein.

Equinor first awarded contracts for Wisting work  in November 2020, bringing in Aker Solutions, KBR, Sevan SSP and Aibel to work on FPSO concept studies.

Sevan&rsquo s award follows Aker Solutions&rsquo   clinching of the contract  for front-end engineering and design (FEED) work for the project, covering topside facilities, living quarters and hull.
Other studies were to FMC Kongsberg Subsea, Technip Norge, Aker Solutions, OneSubsea Processing, IKM Ocean Design, Subsea 7, NOV and Baker Hughes, with the bulk of work to be carried out in Norway.

https://www.energyvoice.com/oilandgas/europe/374574/equinor-opts-for-sevan-fpso-concept-for-wisting/